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Posts Tagged ‘Corporatism’

Wall Street And Socialism Are Two Peas In A Pod

by Flyovercountry ( 103 Comments › )
Filed under Barack Obama, Communism, Democratic Party, Economy, Progressives at September 17th, 2013 - 7:00 am

It happens every time I argue with a liberal, I’ll eventually hear the old tried and moronic statement that conservatives are in bed with Wall Street and the rapacious special interests of large corporations, who have bought and paid for us all to advocate for their continued effort to destroy humanity and get richer due to their ability to place themselves on the backs of the little guy. Life in general, and wealth in particular will be described as a zero sum thing, and the jaw droppingly stupid theory of how large corporations could only have ever become successful by stealing every penny on the asset side of their T Accounts through some sort of morally reprehensible behavior, such as stealing those assets from the 99%.

Enjoy this long forgotten campaign advert, direct from Team Zero, which blames Mitt Romney for giving some poor guy’s wife cancer because of the malicious way in which he ran his venture capital business, Bain Capital Management, with the crazy idea of actually turning a profit.

Just a little back story here on this Obama for President Advert which accused Mitt Romney of killing some poor steel worker’s wife might be in order here. First, Joe Soptic was in fact no ordinary Steel Worker. He was one of the union thugs who actually bore more of the responsibility than Mitt Romney did for the closure of that Missouri Steel Mill. Bain, under the direction of Romney was asked to buy that already declared bankrupt company, GST Steel of Kansas City, in order to keep it from going under completely. It was the Union who originally sought the help of Bain Capital Management. In 2001, long after Mitt Romney had left Bain in order to pursue a political career, Jeff Zients, Bain’s new leader, decided that Bain could not live with the outrageous demands of Joe Soptic and the USW, who by the way were not willing to even negotiate. Bain closed the doors on GST, and deservedly so. Soptic’s wife had health insurance through her own employer at the time, and gave that up upon her own retirement in 2004. She was diagnosed with cancer in 2006. So while it is tragic that this man’s wife died, and I can not understand his pain truly, I do know that it was not the rapacious heel of capitalism that killed her, and do believe that her memory is not being honored by having her death pimped out by her husband for ideological reasons.

Now with the back story in mind, guess who’s coming to a State Dinner at the White House. Even as the GOP was tied to the evil doers in Wall Street, called out as champions of all things opulent, threatened with pitch forks and torches, the Obama Administration resembled the who’s who page of former Goldman Sachs executives. The Clinton Administration resembled the who’s who page of future Goldman Sachs executives. In election after election, Democrats receive the lion’s share of Wall Street donations, and right after they are called evil and greedy by the Marxists who have taken over the Democrat Party for an entire election season, they are very quietly put in charge of writing the regulations that hatred for them convinced a pretty dim nation to pass, ostensibly for the purpose of putting an end to their shenanigans.

Miraculously, those regulations never seem to do what we are told they’ll do, but instead only seem to make smaller competitors disappear, and bolster their power base and make them too big to be allowed to fail. If there were one sentence from the Daily Caller article that I believe should be emblazoned deep in the psyche of every American’s mind, and should be referred to during every election for the next 50 years, this one would be it.

But Zients has stellar credentials as a progressive believer in the ability of government and corporate experts to manage Americans’ economy.

It is not the gripe of Liberals that we most often disagree with, but their proposed solutions that has us vexed. Yes, large corporations being granted special favors by government, thereby corrupting the free market system that has served us so well for the entirety of our nation’s history is a problem. I would argue that allowing the brain trust at Goldman Sachs to write the rules to the Dodd/Frank Law thus eliminating all competition in the financial services industry, while simultaneously enshrining themselves permanently as part of the power base that rules our nation, is part of the very same problem. I do not believe that the solution is that we should vote the government even greater power to rule over us, and increase its opportunity to grant greater lordship ability to those same corrupt crony capitalists. If you want to bring a business man down, send another business man after him. It is the centralized power that is the problem. Further increasing that centralization of authority will not solve anything, but will make things worse.

Take a good look at the picture at the top, because in three years time when Hillary is running for President as the Democrat Nominee, she’ll be in that picture, and all four or them will be screaming to the masses about how Wall Street is evil, rich people want to rape the nation, and how Conservatives are paid advocates for special interests, and how we should all grab pitch forks and torches and run people like Jeff Zients out of town after forcing them to wear tar and feathers as a fashion statement.

Cross Posted from Musings of a Mad Conservative.

The Tea Party Movement vs. Wall Street

by Phantom Ace ( 63 Comments › )
Filed under Barack Obama, Economy, Liberal Fascism, Progressives at January 12th, 2010 - 7:00 pm

The Progressives for years have demonized Wall Street as a Conservative Institution. Nothing can be further from the truth in this regard. The Financial Industry is heavily Democratic and support Progressive causes. They pushed Obama because they want the government to assist them in making profits. I have no problem with Corporations making money, but to do it with our tax money is wrong. This type of system is called Corporatism and it compliments very well with a Progressive regime. Big Government and Big Business crush the free market and ensure a Neo-Feudal system. This is what the Tea party movement is not on Wall Street’s side.

Could all those populist pitchforks currently pointed at Washington be turned toward Wall Street instead?

That’s the question that ought to worry Wall Street executives as they prepare to pay themselves nice bonuses this month, hard on the heels of a government bailout of the financial system, and amid continuing job losses around the rest of the country. Financial firms know they’re in for heat on bonuses; they’ve already been chastised on national TV by President Barack Obama’s chief economist.

The more searing heat, though, might come not from Washington’s corridors of power but from the streets, where disjointed populist armies are starting to organize in the so-called tea-party movement.

Read the rest.

The truth of the matter is that Wall Street doesn’t favor free markets. In a real free system companies rise and fall with innovation. What these Corporate-Progressives want to do is stop the natural cycle and perpetuate their power. With a close relationship with the Obama regime, the economic model that is appearing resembles that of Italy in the 1920’s. Mussolini once talked about a 3rd way between Socialism and Capitalism. The system was called State Corporatism, where the government and businesses acted as one. This is what Obama and his cronies are doing today. Is it any wonder why the Libertarian-Conservative Tea Party opposes them?

GE/NBC attempts to silence criticism

by Phantom Ace ( 24 Comments › )
Filed under Barack Obama at June 7th, 2009 - 10:40 am

This is an example of when a corporation backs a political agenda. GE is pro Obama and pro leftist. Even before the 2008 election GE, via NBC/MSNBC, was undermining the Iraq war effort to help democrats. In 2006 they declared that Iraq was in a civil war. They never changed it even when the situation stabilized. From 2005 on at MSNBC, Keith Olbermann and Chris Matthews were supporting the Iranian regime. Anyone who suggested military action on Iran was smeared and attacked. It turned out GE has business with Iran. The blood of Americans are on GE’s hands.

EXCLUSIVE: GE/NBCU TRYING TO STIFLE OTHER MEDIA’S COVERAGE OF COMPANY: Immelt Orders Nielsen Media Iced Over GE-NBCU-Obama Story: NBCU’s Zucker Follows Orders And Freezes Out The Hollywood Reporter For Past 6 Weeks

It’s a very dangerous situation when any huge multinational corporation wages war against media companies. Especially when that huge multinational corporation is General Electric, which itself owns a media company, NBC Universal, and it’s using all its power and influence and money to try to harm another media company, Nielsen, and Nielsen Business Media, and its trade publication The Hollywood Reporter. This certainly sounds like a situation which the FCC, and the FTC, and the U.S. Justice Department should be investigating. Just one problem: the controversy stems from GE/NBCU’s coverage of President Obama. Here’s what happened:

According to my sources inside and outside Nielsen Business Media, The Hollywood Reporter trade publication ran a storyTHR‘s West Coast Business Editor Paul Bond wasn’t sent to the meeting, but he interviewed about half a dozen people who’d been inside the shareholders meeting and told him what transpired (see below). Bond’s THR story focused on the attempts by stockholders and Fox News Channel and other media to find out whether or not GE Chairman/CEO Jeffrey Immelt ordered his news operations to be less critical of President Obama and his policies. dated April 22nd and updated on April 24th covering the “drama” at the most recent GE shareholders meeting in Orlando.

When the democrats are voted out of office, conservatives and libertarians should investigate GE for ties to Islamic terror. GE is an enemy of this nation and should be treated as such. Is this a  company that deserves a tax break? I say no. This company needs to be broken up and sold off. They are traitors and its time to call them out.

The Cap and Trade scam

by Phantom Ace ( 20 Comments › )
Filed under Barack Obama, Democratic Party, Economy, Liberal Fascism, Political Correctness at May 15th, 2009 - 7:57 am

The proposed Cap and Trade Bill is really just a scam. It is pork bill where the US Government will give out energy credits to companies for carbon. If they need to exceed the credits, they trade with another company. This really sounds like a scam that will give the government power. Speculators will get rich and the average American will pay higher energy rates. In other words, this is a scam.

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Global warming bill becomes another Washington porkfest

Rather than stopping the rise of the oceans, President Barack Obama’s push for greenhouse gas regulations is turning into another all-you-can-eat porkfest. As Rep. Henry Waxman, D-Calif., prepares to introduce a climate bill in the House Energy and Commerce Committee he chairs, big businesses and their well-connected lobbyists are lining up with the hope of getting rich off these regulations.
An early winner looks to be the power companies, represented in Washington by the Edison Electric Institute. U.S. automakers, soon to be controlled in part by the labor unions who so generously fund the Democratic Party, are also among a handful of likely beneficiaries of this legislation.
Waxman’s bill, set to be drafted in committee next week, is centered on a cap-and-trade mechanism for curbing greenhouse gas emissions. Under cap-and-trade, the government requires many GHG emitters, such as power plants and factories, to “pay for” their emissions with special credits, with government controlling the supply.
This will do nothing to make America self sufficient in energy or help the environment. If Obama and Congress were serious, instead of bailouts and the pork stimulus bill, how about a serious program for new energy sources? How about building nuclear power plants, creating cheap hydrogen cells and the infrastructure to support this. This would create jobs and help our national security. When big government and big businesses work together we all lose.